Investors in BlackRock’s iShares Bitcoin Trust (IBIT) have bought the dip, sending $329 million in inflows to the fund on Oct. 21 after Bitcoin slipped 3% in a day. The Fidelity Wise Origin Bitcoin Fund (FBTC) was the only other United States spot Bitcoin ETF to record an inflow of $5.

The recent price drop of Bitcoin could not hold BlackRock’s IBIT down as the fund saw an impressive $329 million worth of inflows yesterday.

BlackRock's Bitcoin ETF garners $329 million in new investments, maintaining strong market presence despite Bitcoin's price dip.

Impressively,7, BlackRock's IBIT amassed net inflows of $309 million, bringing the net US Bitcoin ETFs inflow to over $470 million.

ETF has attracted over $1 billion in inflows this week alone, which has helped propel the apex crypto to a 10% seven-day gain. What Happened: According to data from SoSo Value, spot bitcoin ETFs in the

BlackRock Bitcoin ETF (IBIT) leads inflows with $329 million, as U.S. spot Bitcoin ETFs see $294.3 million despite market fluctuations

BlackRock’s Bitcoin ETF received more than $1.05 b in the past five trading days as investors continue to show more interest in the spot products.

Bitcoin moved above $30,000 on Friday, spiking above the closely watched threshold before paring some gains, as a week of bullishness around a spot bitcoin ETF helps push the token higher. Bitcoin traded 4.